Abstract or Brief Description

FROM THE REVIEW: “In Capital As Power Jonathan Nitzan and Shimshon Bichler launch an attack on both mainstream and Marxist theories of capitalism by focusing on one of the oldest theoretical conundrums in the discipline of political economy -- the theory of capital. While the work clearly fits into the tradition of radical political economy it is not easy to place it in any one school, and this for very good reason; the authors are trying to create a new approach to the study of society. The release of this highly ambitious book is aptly timed, for as the global political-economic crisis unfolds and existing theories and paradigms come into question a space will be created in which new theoretical alternatives might be welcomed. . . . Some will likely find their claims outlandish to the point of being conspiratorial while others might see it as a highly innovative paradigm shift in the study of society. What cannot be called into question is the seriousness, scope or ambition of this work. Characteristic of their style, the authors combine deep historical perspective with a highly interdisciplinary approach to the study of capitalism, as evidenced by continuous references to subjects as diverse as modern physics and literature. . . . This work has the potential to be explosive, if only for radicals, activists and progressives and could represent a sea-change in the study not only of political economy, but of society more generally.”